5965 Gulf of Mexico Dr Longboat Key, FL 34228
Estimated payment $142,002/month
Highlights
- 150 Feet of Public Beach Waterfront
- Guest House
- Tennis Courts
- Anna Maria Elementary School Rated A-
- Water access To Gulf or Ocean
- Home Theater
About This Home
Under Construction. A vision of architectural brilliance, this extraordinary estate, nestled on a nearly two-acre site on the Gulf of Mexico, is poised to redefine comfortable coastal living. Currently under construction with a cost basis of approximately $25 million, this landmark residence is destined to be one of the most iconic homes on Sarasota’s Gulf Coast. Conceptualized by internationally acclaimed Sweet Sparkman Architecture and Interiors, the design reflects a fusion of bold innovation, timeless elegance, and an intimate understanding of the coastal environment. The main residence is a masterpiece of refined sophistication, featuring an expansive primary suite with dual bathrooms and custom closets, a stately office, a dramatic foyer, and an open-concept great room leading to an elegant terrace with breathtaking views. Culinary enthusiasts will appreciate the convenience of dual kitchens — a main kitchen for entertaining and a chef’s kitchen for refined preparation — alongside a stunning wine cellar and formal dining room. Additional highlights include a lavish lounge, state-of-the-art cinema, multiple guest suites, a charming bunk room, a kitchenette for the guest suite level, and a breathtaking rooftop deck offering panoramic views. Complementing the residence is an exquisitely designed guest house as well as a pool house, creating a private retreat for guests and seamless entertaining. The estate’s exterior is equally fascinating, with lush, resort-inspired landscaping, tranquil water features, a tennis and pickle ball court and vast outdoor living spaces. The centerpiece is an enormous, shimmering pool, complete with a luxurious spa and an expansive deck offering countless options for alfresco dining and grand-scale gatherings. This exceptional estate embodies unparalleled craftsmanship and luxury. As construction progresses, the price will evolve, offering a rare opportunity to claim a bespoke piece of coastal elegance. Enjoy the ultimate island lifestyle on Longboat Key, renowned for its pristine beaches, tranquil ambiance, and world-class amenities. This idyllic retreat offers easy access to The Resort at Longboat Key Club, The St. Regis, St. Armands Circle, and the vibrant cultural offerings of downtown Sarasota. This extraordinary property offers the perfect balance of seclusion and connectivity in one of Florida's most sought-after destinations. Forbes Travel Guide’s Top 12 Destination for 2025 includes Longboat Key.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $72,570
Year Built
- Home Under Construction
Lot Details
- 1.64 Acre Lot
- Lot Dimensions are 150x475
- 150 Feet of Public Beach Waterfront
- Property fronts gulf or ocean
- East Facing Home
- Oversized Lot
- Irrigation Equipment
- Property is zoned R1SF
Parking
- 7 Car Attached Garage
- Electric Vehicle Home Charger
- Ground Level Parking
- Tandem Parking
- Garage Door Opener
- Driveway
- Off-Street Parking
- Golf Cart Parking
Property Views
- Beach
- Full Gulf or Ocean
- Tennis Court
Home Design
- Home is estimated to be completed on 12/31/26
- Custom Home
- Coastal Architecture
- Contemporary Architecture
- Elevated Home
- Metal Roof
- Concrete Siding
- Block Exterior
- Pile Dwellings
- Stucco
Interior Spaces
- 17,199 Sq Ft Home
- 2-Story Property
- Elevator
- Open Floorplan
- Built-In Features
- Bar Fridge
- Ceiling Fan
- Sliding Doors
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Home Theater
- Den
- Loft
- Bonus Room
- Storage Room
- Inside Utility
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Range with Range Hood
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- Primary Bedroom Upstairs
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Storm Windows
- Fire and Smoke Detector
Pool
- Heated Infinity Pool
- Cabana
- Heated Spa
- In Ground Spa
- Gunite Pool
- Saltwater Pool
- Outside Bathroom Access
Outdoor Features
- Water access To Gulf or Ocean
- Tennis Courts
- Balcony
- Deck
- Covered Patio or Porch
- Outdoor Kitchen
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
- Private Mailbox
Additional Homes
- Guest House
Location
- Flood Zone Lot
- Flood Insurance May Be Required
Schools
- Anna Maria Elementary School
- Martha B. King Middle School
- Bayshore High School
Utilities
- Zoned Heating and Cooling
- Thermostat
- Underground Utilities
- Power Generator
- Natural Gas Connected
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Built by Bluewater Construction LLC
- Longboat Key Subdivision, Custom Floorplan
- Longboat Key Community
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 5965
- Assessor Parcel Number 7897110008
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $78,606 | $5,255,787 | -- | -- |
2024 | $78,606 | $5,594,063 | $5,594,063 | -- |
2023 | $72,570 | $4,972,500 | $4,972,500 | $0 |
2022 | $152,199 | $9,527,393 | $3,948,750 | $5,578,643 |
2021 | $81,540 | $5,100,272 | $0 | $0 |
2020 | $84,832 | $5,029,854 | $0 | $0 |
2019 | $82,172 | $4,916,768 | $0 | $0 |
2018 | $81,977 | $4,825,091 | $0 | $0 |
2017 | $76,915 | $4,725,848 | $0 | $0 |
2016 | $77,084 | $4,628,646 | $0 | $0 |
2015 | $77,497 | $4,523,316 | $0 | $0 |
2014 | $77,497 | $4,487,417 | $0 | $0 |
2013 | $73,127 | $4,421,100 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/09/2025 01/09/25 | For Sale | $25,000,000 | +146.3% | $1,454 / Sq Ft |
06/01/2021 06/01/21 | Sold | $10,150,000 | 0.0% | $1,006 / Sq Ft |
03/16/2021 03/16/21 | Pending | -- | -- | -- |
01/15/2021 01/15/21 | Off Market | $10,150,000 | -- | -- |
01/15/2021 01/15/21 | For Sale | $11,495,000 | +116.9% | $1,140 / Sq Ft |
01/15/2015 01/15/15 | Sold | $5,300,000 | -29.3% | $525 / Sq Ft |
11/06/2014 11/06/14 | Pending | -- | -- | -- |
10/01/2014 10/01/14 | Price Changed | $7,500,000 | -15.7% | $744 / Sq Ft |
09/09/2014 09/09/14 | Price Changed | $8,900,000 | +18.7% | $882 / Sq Ft |
09/09/2014 09/09/14 | Price Changed | $7,500,000 | -15.7% | $744 / Sq Ft |
02/24/2014 02/24/14 | Price Changed | $8,900,000 | -5.3% | $882 / Sq Ft |
05/20/2013 05/20/13 | Price Changed | $9,400,000 | -10.0% | $932 / Sq Ft |
11/21/2012 11/21/12 | For Sale | $10,450,000 | -- | $1,036 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $10,150,000 | Attorney | |
Warranty Deed | $5,300,000 | Attorney | |
Warranty Deed | $4,250,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $500,000 | Credit Line Revolving | |
Previous Owner | $2,500,000 | Credit Line Revolving | |
Previous Owner | $1,100,000 | Unknown |
Source: Stellar MLS
MLS Number: A4632544

APN: 78971-1000-8
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